A wide range of new economic policies and legal provisions will come into force in January 2026, covering taxation, advertising, land use, minimum wages, public finance, railways, technology transfer and statistics, among others.

Business households and individual business owners will officially pay tax under the declaration-based method (tax calculated on actual revenue) from January 1, 2026, instead of the lump-sum tax regime – an outdated management model that has nevertheless been applied for more than three decades.

The Presidential Office held a press conference on July 11 to announce the President’s Order promulgating nine laws recently passed by the 15th National Assembly (NA).